Northern Irish business insolvencies double personal insolvencies also increase

Latest monthly statistics from the Insolvency Service have shown that business insolvencies doubled and personal insolvencies increased in Northern Ireland in February 2024. The data showed that there were 26 company insolvencies registered in Northern Ireland, twice as many as (100% higher than) in February 2023. This was comprised of nine CVLs, 14 compulsory liquidations, and…

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Northern Irish personal insolvencies rise whilst business insolvencies fall 40%

Latest quarterly statistics from the Insolvency Service have indicated that Northern Irish personal insolvencies increased by 4%. In Quarter 2 (Q2) 2023 there were 458 personal insolvencies, 4% higher than the same quarter in 2022. The personal insolvencies comprised 349 IVAs, 47 DROs and 62 bankruptcies. The business insolvencies figures showed that there were 35 company insolvencies…

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Northern Irish business and personal insolvencies fall

Latest monthly statistics from the Insolvency Service have indicated that Northern Irish business insolvencies personal insolvency fell. In February 2023 there were nine business insolvencies registered in Northern Ireland, 50% lower than February 2022 and 67% lower than February 2020. The insolvencies comprised of six CVLs, one compulsory liquidation and two CVAs. There were no administrations…

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Northern Irish personal insolvencies rise whilst business insolvencies fall

Latest monthly statistics from the Insolvency Service have indicated that Northern Irish business insolvencies fell and personal insolvency increased. In January 2023 there were 14 business insolvencies registered in Northern Ireland, 22% lower than January 2022 and 46% lower than January 2020. The business insolvencies comprised of nine CVLs, one compulsory liquidation and four CVAs.…

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Northern Irish business and personal insolvencies increase

Latest quarterly statistics from the Insolvency Service have indicated that Northern Irish personal insolvencies and business insolvencies increased in Quarter 4 (Q4) of 2022. The figures showed that there were 50 business insolvencies in Northern Ireland in Q4 2022, an increase of 56% from the same quarter of 2021. The insolvencies comprised 39 CVLs, four…

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Northern Irish business insolvencies increase whilst personal insolvencies fall

Latest statistics from the Insolvency Service have indicated that Northern Irish business insolvencies increased whilst personal insolvency figures declined in the latest monthly figures round-up for April. In April 2022 there were 13 company insolvencies registered in Northern Ireland, 2.6 times as many as in April 2021, but 32% lower than April 2019. This was…

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